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5589 Rainbow Creek Road

Fallbrook, CA 92028
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SqFt512,266

Sqft(Lot)

Check out this dream property sitting on nearly 12-acres in Rainbow of Fallbrook. Property has electric and water. This property has panoramic views and is located just below the iconic white cross posted on top of the adjacent mountain. This land is ultra-private with two entrances featuring an existing RV that the seller might sell with the land but does include the covered parking structure. Current owner has set up multiple pads, primed for the construction of a garage, outbuilding, or a custom home. The land is ready for immediate use, it eagerly awaits a new owner to bring their dreams to life in the heart of Fallbrook’s serene landscape of Rainbow.

Detail Ic Property Details

Property Type : Land

Price : $475,000

AD Id : 78435473

MLS Id : OC26102883

Lot Size : 512,266 Sqft(Lot)

County : San Diego

Subdivision: Fallbrook

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Feature Features

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 11.76
  • Lot Size Source: Assessor Lot Size Square Feet: 512266

  • Listing Price Information

    Original List Price: 475,000 Listing Contract Date: 2026-05-11
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 1093104700

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 92028 - Fallbrook Directions: Old 395 to Rainbow Creek.. will be located on the left side of the road. Two entrances one before low water bridge Zoning: A70 Source Property Type: Land Area: 92028 - Fallbrook
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7119 Rainbow Heights Rd, Fallbrook, CA, 92028 $450,000 -- -- -- 822,848.40 Sqft(Lot)
Rainbow Heights Road, Fallbrook, CA, 92028 $275,000 -- -- -- 729,630 Sqft(Lot)
Mt. Olympus Valley Road, Fallbrook, CA, 92028 $349,900 -- -- -- 435,600 Sqft(Lot)
Mt Olympus Valley Road, Fallbrook, CA, 92028 $419,900 -- -- -- 2,031,638.40 Sqft(Lot)
6465 Rainbow Heights, Fallbrook, CA, 92028 $375,000 -- -- -- 1,793,800 Sqft(Lot)
Rainbow Peaks Trail, Fallbrook, CA, 92028 $355,000 -- -- -- 261,360 Sqft(Lot)
10148 Alex Road, Fallbrook, CA, 92028 $400,000 -- -- -- 1,141,707.60 Sqft(Lot)
Rainbow Peaks, Fallbrook, CA, 92028 $349,990 -- -- -- 209,088 Sqft(Lot)
38942 Jubilee Way, Fallbrook, CA, 92028 $499,000 -- -- -- 269,636.40 Sqft(Lot)
6758 Rainbow Heights, Fallbrook, CA, 92028 $340,000 -- -- -- 934,362 Sqft(Lot)

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ByOwner last updated this listing 06/05/2026 @ 06:08

MLS: OC26102883 LISTED BY: Billy Long, Balboa Real Estate, Inc 888-787-8808 SOURCE: CRMLS

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